Listings of Commercial Properties For Sale in Little Italy
Here are the available commercial properties for sale in Little Italy Toronto
388 Spadina Avenue
Kensington-Chinatown
Toronto
M5T 2G5
$3,890,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C9366647
- Photos (9)
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Metropolitan Commercial Realty Inc. is pleased to present the offering of 388 Spadina Ave, a unique opportunity to acquire an institutionally managed, fully-occupied property with strong contractual rental income from notable tenants, including one of Toronto's most popular Chinese restaurants. Located in a high-traffic corridor just steps from the intersections of Spadina Avenue & College Street and Spadina Avenue & Dundas Street West, this property enjoys substantial pedestrian, vehicular, and transit exposure. The surrounding area features the University of Toronto, Kensington Market, and many cultural and tourist destinations, providing consistent foot-traffic in the area. 388 Spadina Avenue, is located in a node experiencing significant growth and intensification, further bolstering foot traffic and retail demand. The Property is well-positioned to benefit from long-term value growth for years to come, including the potential for a development assembly along this block.
- Property Type:
- Commercial
- Commercial Type:
- Commercial/Retail
- Depth:
- 99'30.2 m
- Frontage:
- 18'5.49 m
- Total Area:
- 3,416 sq. ft.317 m2
- Retail Area:
- 3,416 sq. ft.317 m2
- Zoning:
- CR 2.5 (c2.0; r2.0) SS2 (x1865)
- Heating type:
- Gas Forced Air Closd
- Garage:
- None
- Possession Details:
- TBD
- Taxes:
- $48,213.37 / 2024
- Assessment:
- $- / -
- Kensington-Chinatown
- The total building area is 5,027 Square Feet. 3,416 SF Above Grade, Plus 1,611 SF of basement space. Basement is currently used by the main floor tenant for storage, including a walk in Cooler.
- Utilities:
- Y
- Water supply:
- Municipal
- Seller Property Info Statement:
- No
- Air Conditioning:
- Y
- Log/Bldg/Unit Code:
- Lot
- Sprinklers:
- No
- Type Taxes:
- Annual
- Category:
- Retail
- Freestanding:
- No
Larger map options:
Listed by METROPOLITAN COMMERCIAL REALTY INC.
Data was last updated December 23, 2024 at 03:55 AM (UTC)
- Contact Us Now By Email To
- Book A Showing Or For More Info
- (416) 509-2840
- hwalden@gmail.com
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
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